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That is a massive project and I like the looks of it. Yep definitely the best of Greensboro's most recent projects and announcements. At least in my book.
I love it! I can't wait for the details. Looks like he is incorporating more residential than I thought.
I love the design. Its clean and not all over the place like the last design.
And the Aloft is 9 stories!
15 story tower is about what I expected. Very nice development.
N&R is saying 20 stories and shoes a bigger rendering.
The development looks nice. I don't see it coming to fruition at anywhere near the scale proposed. 20 (or 15) story office tower? We'll see. I'll put the odds of anything close to this coming to fruition at 10%.
This project is vastly superior to the ungodly monstrosity that was project 561. It spreads out the development more and the ground level retail across that footprint will be a much bigger impact on downtown. Plus it just plain looks better. That said I share some skepticism on the demand for 180,000+ sf of class a office space. Project slugger started out with a little over 100k and had to reduce by almost half that in order to deliver a leaseable amount of sf.
Yeah I mean I understand the speculation. The first phase doesn't even start until 4th quarter 2020 so I guess we'll just have to see how the market demand looks by the time the office tower (phase 3) is supposed to be built. Great renderings, but we'll have to just wait and see where it actually goes from here.
Yeah I mean I understand the speculation. The first phase doesn't even start until 4th quarter 2020 so I guess we'll just have to see how the market demand looks by the time the office tower (phase 3) is supposed to be built. Great renderings, but we'll have to just wait and see where it actually goes from here.
Very true. I hadn't read about the three phase approach until now. So it might be 7-10 years until the tower truly gets off the ground. A lot can change between now and then.
That said, I'm disappointed in the retail mix. 12,000 sq ft is a nothing burger. Basically, that's a couple quick service places or one full service restaurant... And it's unclear whether the grocery store would take that space or if it's separate from that figure.
I think that the project looks great. I also think that the proposed 15 to 20 story office tower looks better than the former Project 561 design. The phase 1 start date in the 4th quarter of 2020 probably has to do with the construction of the parking deck, and possibly the demolition of the existing mental health building. Personally, I will be glad to see a tower building built west of the Elm Street area. The overall development will add a lot of density to the downtown area. Now, I just hope that it all gets built!
How quickly phase 3 gets off the ground will determine when Carroll can secure enough office tenants. It makes sense to start out with the residential and hotel followed by th3 conference center and then lastly the office tower. I agree that its about time Greensboro's skyline is starting to grow away from Elm Street.
I was under the impression Carroll said he wouldn't build anything like this unless he had an anchor tenant for the office space.
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